Current Affairs PDF

Current Affairs Today

Current Affairs Today

Current Affairs Today with Latest current affairs today 2024 Quiz for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Today Current Affairs 2024 page covers various sections like National current affairs today 2024, business & economy, Indian and International affairs 2024, defense, environment current affairs, persons and many for competitive exams preparing aspirants.

AffairsCloud Today English YouTube Video Playlist – Click Here 

AffairsCloud Today (Current Affairs Today)

Current Affairs 11 December 2025

We are here for you to provide the important Recent and Latest Current Affairs December 11 2025, which have unique updates of Latest Current Affairs 2025 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

Our Current Affairs December 2025 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Latest Current Affairs Quiz and Monthly Current Affairs 2025 PDF which will be a pedestrian to crack your exams.

Important Notice:CareersCloud Content Sharing and Legal Compliance
We kindly request our aspirants not to share or distribute our content, PDFs, videos, or any other materials under our ownership to individuals or through any social media platforms. Please note that we have implemented a tracking system to monitor such activities. Any violation of this policy may result in the immediate termination of access to our services, and we will not be held responsible for any loss or inconvenience caused due to such actions. Furthermore, we also reserve the right to take strict legal action, including filing complaints under applicable laws, against individuals or entities found violating this policy.

Read Current Affairs in CareersCloud APP, Course Name – Learn Current Affairs – Free Course –Click Here to Download the APP

We are Hiring – Subject Matter Expert – English | CA Video Creator | Content Developers(Pondicherry)

Click here for Current Affairs 10 December 2025

Click here for Affairscloud Hindu Free Vocabs telegram channel

NATIONAL AFFAIRS

Union Minister C.R. Patil Launches ‘Jal Shakti Hackathon-2025’ & Bharat-WIN Portal in New DelhiIn December 2025, Union Minister Chandrakant Raghunath (C.R.)Patil, Ministry of Jal Shakti (MoJS), launched the Jal Shakti Hackathon-2025’ and ‘Bharat-Water Innovation Network(WIN) Portal’, at Shram Shakti Bhawan in New Delhi, Delhi.

  • During the launch event, Union Minister C.R.Patil emphasized on ‘Water Vision @2047’ to bolster scientific and technological solutions in India’s water sector.

Exam Hints:

  • What? Launch of Jal Shakti Hackathon-2025 and Bharat-WIN portal
  • Launched by: Union Minister C.R. Patil, MoJS
  • Where? Shram Shakti Bhawan (New Delhi, Delhi)
  • Hosted on Portal: https://bharatwin.mowr.gov.in
  • Financial Assistance: Rs.1 lakh grant for Proof-of-Concept (PoC)
  • Funding Authority: DoWR, RD&GR (MoJS)
  • Project Implementation Agency (PIA): NIH, Roorkee

Jal Shakti Hackathon 2025’:
Objective: This newly launched hackathon is a national movement that aims to mobilise the country’s collective talent to build a secure, inclusive and technology-driven water future for India.
Approach Adopted: The hackathon adopts a Whole-of-Government and Whole-of-Society(Jan Bhagidari) approach, targeting wider participation from citizens, researchers, industries, and innovators.
Hosted at: The hackathon is hosted at https://bharatwin.mowr.gov.in portal that forms part of BHARAT-WIN, a flagship initiative of Department of Water Resources, River Development & Ganga Rejuvenation (DoWR,RD&GR), MoJS.

  • It aims to promote practical, scalable and field-ready solutions to address grassroots water challenges like: farm-level water conservation, revival conventional water practices, flood and drought management,

Financial Assistance: The DoWR,RD&GR will provide financial assistance in the forms of grants-in-aid for selected innovations, under the scheme on ‘Research and Development Programme in Water Sector and Implementation of National Water Mission’.

  • The winners of the hackathon will receive a grant of Rs 1 Lakh for developing Proof-of-Concept (PoC).

Priority Areas: The participants are required to develop innovative water solutions in priority areas like: water resource management, wastewater treatment, water-use efficiency, circular economy, climate resilience, Internet of Things (IoT)& smart water grids, precision agriculture, among others.
Project Implementation Agency (PIA): The National Institute of Hydrology (NIH), Roorkee (Uttarakhand), has been designated as Project Implementation Agency (PIA) to evaluate submitted proposals and to facilitate for approval of Secretary of DoWR, RD&GR.
About Ministry of Jal Shakti (MoJS):
Union Minister- Chandrakant Raghunath (C.R.)Patil (Constituency- Navsari, Gujarat)
Minister of State (MoS)- V. Somanna (Constituency- Tumkur, Karnataka); Raj Bhushan Choudhary (Constituency- Muzaffarpur, Bihar)

Union Minister Jyotiraditya Scindia Chaired Apex Council Meeting under Bharat 6G Mission in New DelhiIn December 2025, Union Minister Jyotiraditya Madhavrao (M.)Scindia, Ministry of Communications, chaired the Apex Council Meeting under the Bharat 6G Mission, in New Delhi, Delhi.

  • He also reviewed the progress of the Bharat 6th Generation Alliance (B6GA) and called for a focused roadmap to position India as a global leader in 6G by 2030.

Key Events:
Release of Booklets: During the meeting, Union Minister Jyotiraditya.M.Scindia released three booklets that document the establishment, performance and impact of 100 5G Use Case Labs. Three booklets are

  • The 5G Use Case Lab: From Infrastructure to Innovation
  • 5G Lab Book-Edition 1: Experiments in 5G Core, 5G NR & Use Cases
  • 5G Hackathon Book

Gradation Awards: Union Minister Jyotiraditya M.Scindia also conferred the Gradation Awards that aim to recognise the best-performing 5G Use Case Labs under the ‘Excellent Category’.

  • This year, 04 institutions namely, Punjab Engineering College (PEC) in Chandigarh; Banasthali Vidyapith, Banasthali University in Rajasthan; Indian Institute of Technology (IIT) Roorkee (AMRUT Centre of Urban Planning and Capacity Building, ACUPCB) in Uttarakhand and Thapar University in Patiala, Punjab, were honoured for their exemplary innovation, societal impact and industry collaboration.

>>Read Full News

Union Minister Sarbananda Sonowal Flags off India’s First All-Electric Tug Project
In December 2025, Union Minister Sarbananda Sonowal, Ministry of Ports, Shipping and Waterways (MoPSW), virtually flagged off the steel-cutting ceremony of India’s first all-electric green tug, marking a major milestone in sustainable maritime operations.

  • The tug is being built for Deendayal Port Authority (DPA), Kandla, Gujarat under the Green Tug Transition Programme (GTTP).

Exam Hints:

  • What? Flagging off India’s First All-Electric Green Tug
  • By: Union Minister Sarbananda Sonowal, MoPSW
  • Under: Green Tug Transition Programme (GTTP)
  • For: Deendayal Port Authority, Kandla, Gujarat
  • GTTP Target: 50 green tugs by 2030

About  All-Electric Tug Project:
Features: The green tug will feature a 60-tonne bollard pull capacity and will operate with zero carbon emissions, silent operations and improved energy efficiency.
Designed for: It is designed to support harbor maneuvering, escort duties and emergency response, while lowering fuel consumption and maintenance requirements compared to conventional diesel-powered tugs.
GTTP: The GTTP, launched by MoPSW, aims to induct 50 green tugs by 2030, with 16 tugs planned under Phase-1 (2024–2027) across major Indian ports.

  • In Phase I, two green tugs each will be deployed at DPA, Paradip Port Authority(PPA), Jawaharlal Nehru Port Authority (JNPA) and V.O. Chidambaranar Port Authority (VoCPA), while the remaining eight major ports will receive one green tug each.

IIT-B’s SINE Launches India’s 1st Incubator-linked Deep Tech VC Fund
In December 2025, the Society for Innovation and Entrepreneurship (SINE) at Indian Institute of Technology-Bombay (IIT-B), Mumbai(Maharashtra) launched ‘Y-Point Venture Capital(VC) Fund’, India’s 1st Deep-Tech VC fund managed by an academia-linked incubator, with a total investment of Rs 250 crore.

  • This new initiative will support India’s deep tech startups by offering crucial risk capital required at an early stage of their journey.

Exam Hints:

  • What? Launch of India’s 1st Deep-Tech VC
  • Name Fund: Y-Point Venture Capital Fund
  • Launched by: IIT-B’s SINE
  • Registered as: Category-II AIF
  • Total Investment: Rs 250 Crore
  • Max Investment per Startup: Up to Rs.15 crore

About Y-Point VC Fund:
Structure: This newly developed VC Fund was approved by the Securities and Exchange Board of India (SEBI) and is registered as a Category-II Alternative Investment Fund (AIF).
Investment: It will invest in 25-30 pre-seed and seed-stage startups emerging from IIT-B and other top academic and research institutes, with a maximum ticket size of Rs 15 crore
Priority Areas: This new VC Fund will focus on impact areas like: Artificial Intelligence (AI), advanced computing, nuclear technology, life sciences, healthcare, defence, climate tech and Space Technology.

8th Edition of Smart India Hackathon Kicks Off Across 60 Centres
In December 2025, the 8th edition of the Smart India Hackathon (SIH 2025), organised by the Ministry of Education(MoE’s) Innovation Cell (MIC) in collaboration with the All India Council for Technical Education (AICTE), officially began across 60 nodal centres nationwide.

Exam Hints:

  • What? Smart India Hackathon (SIH) 2025
  • Edition? 8th
  • Launched by: MIC in collaboration with AICTE
  • Key Focus Areas: Space tech, renewable energy, cybersecurity, defence, MedTech, robotics, smart education
  • Vision Alignment: Viksit Bharat 2047

About Smart India Hackathon(SIH) 2025:
Focus : The 2025 edition emphasises key domains including space technology, renewable energy, cybersecurity, defence, Medical Technology(MedTech), robotics and smart education, reinforcing India’s innovation ecosystem in line with the vision of Viksit Bharat 2047.
Participants : SIH 2025 received a record 72,165 idea submissions from 68,766 student teams, addressing 271 problem statements.

  • After a multi-stage evaluation, 1,360 teams comprising over 8,000 students and 1,300+ mentors qualified for the Grand Finale.

Female Finalists: A key highlight of this edition is the participation of 2,993 female finalists, including 53 all-women teams, reflecting the growing focus on women-led innovation.

BANKING & FINANCE

UPI Recognized as World’s Largest Real-Time Payment System: IMF & ACI ReportsAs per the International Monetary Fund (IMF) report titled – Growing Retail Digital Payments (The Value of Interoperability)dated June 2025,Unified Payment Interface (UPI) has been recognised as the world’s largest retail fast payment system (FPS) by transaction  volume.

  • To Compliment the above ACI Worldwide released a report ‘Prime Time for Real-Time 2024’ , stats  UPI accounted for about 49% of global real-time payment transactions, with India recording 129.3 billion (Bn) transactions.

About ACI Report:

  • India was followed by Brazil, Thailand, China and South Korea at significantly lower volumes.

UPI Developments in India:
Stakeholder Initiatives: The Government of India (GoI), Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI) work together to promote digital transactions including UPI.

  • This includes public services, transport and e-commerce platforms.

Payments Infrastructure Development Fund (PIDF): The PIDF introduced in January 2021 was intended to subsidise the deployment of payment acceptance infrastructure in Tier-3 to Tier-6 centres with a special focus on the North-Eastern (NE) States of the country.

  • As of October 31, 2025, approximately 5.45 crore (Cr) digital touch points have been deployed through PIDF in tier-3 to 6 centres.
  • As of FY25, a total of 56.86 Cr Quick Response (QR) were deployed to approximately 6.5 Cr merchants.

>>Read Full News

‘Your Money, Your Right’ Campaign Accelerates Settlement of Rs. 2,000 Crore Unclaimed Assets
On 9 December 2025, the Ministry of Finance (MoF), Government of India (GoI), announced the progress of the nationwide campaign “Aapki Poonji, Aapka Adhikar – Your Money, Your Right,” conducted as a three-month nationwide drive from 4 October to 5 December 2025 to facilitate the settlement of unclaimed financial assets across India.

  • In the first two months, around Rs.2,000 crore in unclaimed funds were successfully reclaimed by rightful owners.

Exam Hints:

  • What? Progress update on “Your Money, Your Right” campaign
  • Launched On: 4th October 2025
  • Duration: Three months (October–December 2025)
  • By Whom? Ministry of Finance (MoF), Government of India (GoI)
  • Coverage: Camps held in 477 districts
  • Framework: Awareness, Accessibility, Action (3A Framework)
  • Funds Settled: Approx Rs 2,000 crore (first two months)
  • Key Regulators: RBI, SEBI, IRDAI, PFRDA, IEPFA
  • Platforms used: UDGAM, Bima Bharosa, MITRA

About the Campaign Your Money, Your Right: 
Objective: Its goal is to facilitate the settlement of unclaimed financial assets, including bank deposits, insurance proceeds, dividends, shares, mutual funds, and pension amounts.
Framework: The campaign is based on the 3A Framework, comprising Awareness, Accessibility, and Action.
Camps: District-level camps were held in 477 districts between 4 October and 5 December 2025.
Awareness: Standard Operating Procedures (SOPs), Frequently Asked Questions (FAQs) and multilingual awareness materials were widely disseminated.
Support: Camps offered digital demonstrations, helpdesks, and guidance on the claims process.
Platforms used: Existing regulatory platforms Reserve Bank of India (RBI)’s Unclaimed Deposits – Gateway to Access inforMation (UDGAM), Insurance Regulatory and Development Authority of India (IRDAI)’s Bima Bharosa, Securities and Exchange Board of India (SEBI)’s Mutual Fund Investment Tracing and Retrieval Assistant (MITRA), Pension Fund Regulatory and Development Authority (PFRDA) systems, and Investor Education and Protection Fund Authority (IEPFA) portals were utilized for tracing unclaimed assets.

RBI Allows Residents, Non-Residents to Undertake Rupee IRD TransactionsIn December 2025, the Reserve Bank of India (RBI) issued the Master Direction titled ‘Reserve Bank of India (Rupee Interest Rate Derivatives) Directions, 2025’, permitting both residents and non-residents to undertake rupee-denominated Interest Rate Derivative (IRD) transactions, effective from 1 March 2026.

  • These directions were issued by the RBI in exercise of powers given under Section 45W of the RBI Act, 1934 and of the powers enabling it in this behalf.

Exam Hints:

  • What? Issued Master Directions for the IRD Market
  • Issued by: RBI
  • Issued Under: Section 45W of RBI Act, 1934
  • Effective From: March 01, 2026
  • Eligible Participants: Resident and Non-Resident
  • Applicable to: OTC Market and Recognised Stock Exchanges in India
  • Eligible Market Makers: Scheduled bank; SPD; NBFC-UL; EXIM Bank; NABARD, among others

Key Directions:
Applicability: These newly issued directions will be applicable to Rupee IRD transactions undertaken in the Over-the-Counter (OTC) market and on recognised stock exchanges in India.
Conditions : The recognised stock exchanges will be allowed to introduce any IRD product only if they obtain prior approval from RBI.

  • Also, any floating interest rate or price or index used in an exchange-traded IRD will be a benchmark published by an authorised Financial Benchmark Administrator (FBA).

Market Makers: As per RBI directions, entities which are eligible to act as market-makers in IRDs  such as: Scheduled Bank(SBs); Standalone Primary Dealer (SPD); Non-Banking Finance Company-Upper Layer (NBFC-UL); and specialised banks like: Export-Import Bank of India (EXIM Bank); National Bank for Agriculture and Rural Development (NABARD); among others.

User Classification: The eligible market makers are required to classify participants as Retail or Non-Retail users (which include NBFCs other than market makers and other regulated entities).

  • Retail users can trade simple IRDs only for hedging and may buy options only. Non-retail users have no purpose restrictions and can trade complex IRDs, including swaptions.

PVBP Cap: RBI has proposed a cap of the Price Value of a Basis Point (PVBP) for non-resident positions i.e. the aggregate PVBP of all outstanding IRD trades by non-residents should not exceed Rs 1,000 crore.
Reporting Criteria: It is mandatory for market makers to report all global OTC IRD transactions to the Trade Repository (TR), operated by the Clearing Corporation of India Limited (CCIL).
Other Conditions: RBI has also specified position limits for non-residents in exchange-traded instruments like: Foreign Portfolio Investors (FPIs) and other non-resident investors will not be permitted to hold net long positions exceeding Rs 5,000 crore across all interest-rate futures.
Key Terms:
Over-the-Counter (OTC) Market: A market where derivative transactions are conducted outside recognised exchanges, including trades executed through electronic trading platforms (ETPs).
Market-maker: An entity that quotes prices and provides liquidity to users and other market-makers.

Sahaj Insurance Secured Corporate Agency Licence From IRDAI
In December 2025, Sahaj Insurance Services Private Limited, a subsidiary of Sahaj Retail Ltd., secured a ‘corporate agency licence’  from Insurance Regulatory Development Authority of India (IRDAI).

Exam Hints:

  • What? Received Corporate Agency Licence
  • By Whom? Sahaj Insurance Services Pvt. Limited
  • Granted by: IRDAI
  • Targeted Policies: Low-premium, high-relevance coverage for life, health, accident, crop, livestock, and micro-insurance
  • Distribution Network: Village-Level Entrepreneurs (VLEs) or Sahaj Mitrs

Key Details:
Corporate Agency Licence: The licence permits Sahaj Insurance to operate as a corporate agent, allowing it to solicit and distribute insurance products for underwriting insurers.
Targeted Insurance Offerings: The company focuses on low-premium, high-relevance policies for households in agrarian and informal sectors, covering life, health, accident, crop, livestock, and micro-insurance in collaboration with leading insurers.
Sahaj Mitrs: The company operates through Village Level Entrepreneurs (VLEs) or Sahaj Mitrs to provide digital services like E-governance (electronic governance) access, digital payments, and mobile banking, to underserved communities.

Wise Launches ‘Multi-Currency Travel Card’ in India with No Annual Fees
In December 2025, Wise, the global money movement company, launched its multi-currency travel card i.e. Wise Travel Card in India, targeting travellers seeking transparent pricing and ease of use abroad.

  • It was initially announced at the Global Fintech festival(GFF 2025) which was held in Mumbai, Maharashtra.

Exam Hints:

  • What? Launch of multi-currency travel card
  • Launched by: Wise
  • Card Name: Wise Travel Card in India
  • Key Features: Exemption of issuance fee (Rs 460) until February 10, 2026; no annual fee and subscription charges or inactivity penalties
  • Supports: 40+ currencies

About Wise Travel Card in India:
Fee Benefits: Wise waives the Rs.460 issuance fee for sign-ups until 10 February 2026, and the card carries no annual fees, subscription charges, or inactivity penalties.
Supports Multiple Currencies: The card supports over 40 currencies , including destinations such as Vietnam, Indonesia, Turkey and Georgia.
Digital Onboarding Process: It provides digital onboarding through DigiLocker and video Know Your Customer (KYC).

  • It also offers an instant digital card for online purpose, Immediate Payment Service(IMPS)-based account top-ups, and in-app controls.

Network: The card is acceptable on the Visa Network in more than 160 countries.
Withdrawals Limit: It offers free Automated Teller Machine (ATM) withdrawals of up to USD 200 per month, after which standard charges will be applied.
Travel Market in India:
Overseas  Departures: India recorded 3.89 crore overseas departures in 2024, attributed mainly by leisure travel (42.5%) which was  followed by diaspora visits (34.7%) and business trips (14.9%).
LRS: According to Liberalised Remittance Scheme (LRS) data, Indians spent around USD 3-4 billion annually  before Financial Year 2021-22 (FY22), which has further surged to an average of USD 17 billion over the last two years.

AWARDS & RECOGNITIONS

UNESCO Expands Global Network of Learning Cities with 72 New MembersIn December 2025, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) inducted 72 new cities from 46 countries into its Global Network of Learning Cities (GNLC), bringing the total membership to 425 cities across 91 countries.

Exam Hints:

  • What? UNESCO expanded GNLC
  • New Addition: 72 cities
  • Total Cities: 425
  • Capital Cities: 11 capital cities
  • New Countries:12 countries joined

About New Members in GNLC:
New Intake: The new intake includes 11 capital cities and marks the first time 12 countries have joined the network.
11 Capital Cities: Among the new members are 11 capital cities, including: Porto Novo (Benin), Bissau (Guinea-Bissau), Lusaka (Zambia), Cairo (Egypt), Riyadh (Kingdom of Saudi Arabia), Lisbon (Portugal), Ankara (Türkiye), Ashgabat (Turkmenistan), Hanoi (Viet Nam), Buenos Aires (Argentina), Caracas (Bolivarian Republic of Venezuela).
12 countries: 12 countries are joining the Global Network of Learning Cities for the first time, including: Benin, Burkina Faso, Chile, Cyprus, Guinea-Bissau, Iraq, Mongolia, Niger, Turkmenistan, United States of America (USA), Venezuela, and Zambia.
About Global Network of Learning Cities (GNLC): 
Overview: GNLC was launched by UNESCO Institute for Lifelong Learning (UIL) in 2013 and began officially accepting city declarations in 2015.
Aim: The network aims to support and promote policy dialogue, experience exchange and practice sharing among member cities to help cities build capacity for lifelong learning and sustainable community development.
Requirement: In order to join the network, the municipality should pursue the vision of providing lifelong learning and becoming a learning city, in the spirit of the values and objectives guiding UNESCO in pursuit of dialogue and international cooperation.
GNLC Membership growth: As of December 2025, the GNLC comprises 425 cities from 91 countries, collectively providing lifelong learning opportunities to nearly 500 million people worldwide.
Indian Cities in GNLC: As of 2025, three Indian cities are part of UNESCO’s GNLC: Warangal in Telangana, and Thrissur and Nilambur in Kerala.
About United Nations Educational, Scientific and Cultural Organization (UNESCO):
The UNESCO contributes to peace and security by leading multilateral cooperation on education, science, culture, communication and information.
Director-General (DG) – Khaled Ahmed El-Enany Ali Ezz
Member States – 194
Headquarters – Paris, France
Established – 1945

APPOINTMENTS & RESIGNATIONS

President Droupadi Murmu Confers National Handicrafts Awards for 2023 and 2024On 9 December 2025, the President of India, Droupadi Murmu, presented the Shilp Guru Awards and National Handicraft Awards for 2023 and 2024 at Vigyan Bhawan, New Delhi, Delhi, as part of the National Handicrafts Week celebrations 2025 (December 8-14, 2025).

  • The event was organized by the Ministry of Textiles (MoT).
  • The event was attended by Union Minister Giriraj Singh, MoT, and the Minister of State (MoS) Pabitra Margherita, MoT.

Highlights of Handicraft Awards 2023–2024:
Background:

  • National Awards: Instituted in 1965, the National Handicrafts Awards honor exceptional craftspersons for artistic excellence and contribution to India’s cultural heritage.
  • Shilp Guru: Introduced in 2002, the Shilp Guru Awards are the highest national recognition in the handicrafts sector, celebrating master craftspersons.

Award Composition: A total of 48 awards were given in the 2023–2024 cycle, including 12 Shilp Guru Awards and 36 National Awards, of which 2 were special Design & Innovation Awards for artisan-designer collaboration.
Women Awardees: Among the awardees, 20 were women artisans.
Crafts Covered: The awardees represented a wide and diverse range of traditional Indian crafts, spanning metalwork, woodwork, hand-printed textiles, Pattachitra, leather puppetry, terracotta, stone carving, carpets, and cane-and-bamboo work.
Click here to view full list of National Awardees for 2023 and 2024
About Ministry of Textiles (MoT):
Union Minister – Giriraj Singh (Constituency – Begusarai, Bihar)
Minister of State (MoS)- Pabitra Margherita (Rajya Sabha – Assam)
>>Read Full News

ACQUISITIONS & MERGERS

ICICI Bank Acquires 2% Stake in ICICI AMC for Rs. 2,140 Crores
In December 2025, ICICI Bank Limited, one of India’s leading private sector banks, executed a Share Purchase Agreement(SPA) with Prudential Corporation Holdings Limited (PCHL) to acquire an additional 2% stake in ICICI Prudential Asset Management Company Limited (ICICI AMC) for Rs. 2,140 crores.

Exam Hints:

  • What? Execution of Share Purchase Agreement
  • By? ICICI Bank
  • With? Prudential Corporation Holdings Limited (PCHL)
  • Stake? 2% stake for Rs.2,140 crores
  • In? ICICI Prudential AMC Limited

Key Details of Acquisition:
Aim: The move is aimed at safeguarding majority control in the event of stock-based compensation being issued by the asset manager.
Shareholding: After the acquisition, ICICI Bank’s stake in ICICI AMC rises to 53%, while PCHL’s holding reduces to 47%.
Approval: The transaction follows shareholder approval granted at the 31st Annual General Meeting (AGM) held in August 2025 and regulatory clearance from the Reserve Bank of India (RBI), which permitted ICICI Bank to increase its stake by up to 2% via a letter dated 12 September 2025.

SPORTS

GM R Praggnanandhaa Wins FIDE Circuit 2025, Qualifies for Candidates Tournament 2026In December 2025, Indian Grandmaster (GM) Rameshbabu Praggnanandhaa won the International Chess Federation (FIDE) Circuit 2025 with 115.17 points, a year-long series of tournaments held from January to December 2025, securing direct qualification to the Candidates Tournament 2026. 

  • He became the only male player to qualify via the FIDE Circuit and will make his second consecutive appearance at the Candidates Tournament.
  • Three Indian women GM Divya Deshmukh, Koneru Humpy, and Vaishali Rameshbabu have already qualified for the 2026 Women’s Candidates Tournament.

About FIDE Circuit 2025:
Overview: The 2025 FIDE Circuit served as a system of top-level tournaments that acted as a qualification path for the Candidates Tournament 2026.
Organiser: International Chess Federation or World Chess Federation or Fédération Internationale des Échecs (FIDE).
FIDE Circuit 2025 Standings: R.Praggnanandhaa topped the FIDE Circuit 2025 with 115.17 points, finishing comfortably ahead of runner-up Anish Giri (Netherlands) with 81.18 points and Nodirbek Abdusattorov (Uzbekistan) with 71.61 points.
About the Candidates Tournament 2026:
Event Schedule: Scheduled to take place in Pegeia, Cyprus, from March 28 to April 16, 2026.
Candidates 2026 Participants: Seven of the eight confirmed players for the 2026 Candidates Tournament are Anish Giri (Netherlands), Fabiano Caruana (USA), Matthias Blübaum (Germany), Javokhir Sindarov (Uzbekistan), Wei Yi (China), Andrey Esipenko (Russia), and R. Praggnanandhaa (India).
>>Read Full News

India Wins Five Medals at FEI Asian Equestrian Championships 2025In December 2025, the second edition of the International Federation for Equestrian Sports or the Fédération Equestre Internationale (FEI) Asian Equestrian Championships 2025, was held at the Thai Polo and Equestrian Club, Pattaya, Thailand, from November 24 to December 7, 2025.

  • Thailand topped with 7 medals (3 gold, 0 silver, 4 bronze), followed by Hong Kong secured 7 medals (0 gold, 2 silver, 5 bronze), and India claimed 5 medals (1 gold, 4 silver, 0 bronze).

Overview of FEI Asian Equestrian Championships 2025:
Organiser: International Federation for Equestrian Sports or Fédération Équestre Internationale (FEI)
India’s Individual Gold: Ashish Limaye became the first Indian rider to win a gold medal in Eventing at the continental championship.
Team Silver: The trio of Ashish Limaye, Shashank Singh Kataria, and Shashank Kanmuri clinched the silver medal.
Dressage: Shruti Vora won three silver medals in Individual Dressage, Intermediate Freestyle–I, and Team Dressage alongside Divyakriti Singh and Gaurav Pundir.
About International Federation for Equestrian Sports or Fédération Équestre Internationale (FEI):
President – Ingmar De Vos
Headquarters – Lausanne, Switzerland
Founded – 1921
>>Read Full News

IMPORTANT DAYS

Human Rights Day 2025 – December 10The United Nations (UN)’s Human Rights Day (HRD) or International Human Rights Day, is observed every year across the globe on 10 December marks the adoption of the Universal Declaration of Human Rights (UDHR) in 1948 and promotes awareness of universal human rights without discrimination of any kind.

  • 10 December 2025 marks the 77th anniversary of the Universal Declaration of Human Rights (UDHR) and the 32nd anniversary of the United Nations Office of the High Commissioner for Human Rights (OHCHR).
  • 2025 Theme: “Human Rights, Our Everyday Essentials”

Background:
Declaration: On 4 December 1950, the United Nations General Assembly (UNGA) adopted Resolution A/RES/423 (V), proclaiming 10 December as Human Rights Day (HRD).
First Observation: The inaugural HRD was observed on 10 December 1950.
Significance: 10 December marks the adoption of UN General Assembly Resolution 217 (III) in 1948, which proclaimed the Universal Declaration of Human Rights as the global standard for fundamental human rights.
2025 Events:
RightsX Summit: The Summit, titled Powering the Future of Human Rights, was held on 10–11 December at the Palais Wilson, Geneva( Switzerland), as a hybrid event focused on advancing human rights through artificial intelligence and innovation.
Event in India: On 10 December 2025, the National Human Rights Commission (NHRC) organised the HRD 2025 celebrations at Bharat Mandapam, New Delhi(Delhi), with President Droupadi Murmu attending as the Chief Guest.

  • Conference: The programme included a national conference on the theme “Ensuring Everyday Essentials: Public Services and Dignity for All”, emphasising universal and dignified access to public services as a core human right.

>>Read Full News

STATE NEWS

Telangana Signs Agreement With Deakin University to Establish AI CoE
In December 2025, the Government of Telangana and Deakin University (Australia) have formally signed the agreement to establish a Centre of Excellence(CoE) in Applied Artificial Intelligence (AI), the first such joint initiative between an Indian state and Australia.

  • The agreement was signed  in Hyderabad, Telangana, focused on developing applied, ethical, and impact-driven AI solutions for public benefit.

Exam Hints:

  • What? Agreement Signed
  • By? Telangana and Deakin University, Australia
  • Where? Hyderabad, Telangana
  • Purpose: To setup CoE in Applied AI
  • Significance: First Indian Applied AI Research and Innovation Hub with an Australian Partnership
  • Focus: Policy-aligned, secure, responsible AI for safe, transparent, ethical deployment

About CoE in AI:
Model: The CoE follows a co-invested, co-designed approach, combining academic leadership, government support, and ecosystem collaboration.
Collaboration: It brings together Deakin University’s Applied Artificial Intelligence Institute (A²I²) and the Telangana AI Innovation Hub to focus on practical, scalable, and citizen-centric AI applications.
Focus: It will focus on creating policy-aligned, secure, and responsible AI frameworks to ensure safe, transparent, and ethical deployment of AI across governance and industry.
Priority Areas: The CoE’s initial priority areas include AI for public service and governance, health and smart education AI solutions, and climate resilience and MSME (Micro, Small and Medium Enterprises) innovation. It will also focus on AI-led skill development and future workforce readiness.

*******

Current Affairs Today (AffairsCloud Today)

Current Affairs 11 December  2025
Union Minister C.R. Patil Launches ‘Jal Shakti Hackathon-2025’ & Bharat-WIN Portal in New Delhi
Union Minister Jyotiraditya Scindia Chaired Apex Council Meeting under Bharat 6G Mission in New Delhi
Union Minister Sarbananda Sonowal Flags off India’s First All-Electric Tug Project
IIT-B’s SINE Launches India’s 1st Incubator-linked Deep Tech VC Fund
8th Edition of Smart India Hackathon Kicks Off Across 60 Centres
UPI Recognized as World’s Largest Real-Time Payment System: IMF & ACI Reports
‘Your Money, Your Right’ Campaign Accelerates Settlement of Rs. 2,000 Crore Unclaimed Assets
RBI Allows Residents, Non-Residents to Undertake Rupee IRD Transactions
Sahaj Insurance Secured Corporate Agency Licence From IRDAI
Wise Launches ‘Multi-Currency Travel Card’ in India with No Annual Fees
UNESCO Expands Global Network of Learning Cities with 72 New Members
President Droupadi Murmu Confers National Handicrafts Awards for 2023 and 2024
ICICI Bank Acquires 2% Stake in ICICI AMC for Rs. 2,140 Crores
GM R Praggnanandhaa Wins FIDE Circuit 2025, Qualifies for Candidates Tournament 2026
India Wins Five Medals at FEI Asian Equestrian Championships 2025
Human Rights Day 2025 – December 10
Telangana Signs Agreement With Deakin University to Establish AI CoE

Aspirant: Does Affairscloud covers all the Current affairs topics related to examinations?
Affairscloud: We Guaranteed All the Important topics related to examination are covered in Our Daily CA content and Daily CA Quizzes.
Aspirant: Why is there a delayal in news?
Affairscloud: As some of the major news sites doesn’t provide the required data on the exact day, we take extra time for important data to be presented to the aspirants on the examination basis to ensure nothing is missed.
Example:  In ‘Important Days’ topics the International Organisations publish their reports and Rankings in the evenings, to make sure every data is covered, we delay the topics to the next day.

Candidates appearing for Competitive Exams. Kindly Share the General Awareness questions,which asked in their respective exams to [email protected]

Dear Aspirants,

We would like to inform you that, starting January 2025,all Current Affairs Hindi Content will be accessible only through the CareersCloud app and CareersCloud.in website. Make sure to download the app or visit the website to continue accessing the content seamlessly.

Thank you for your understanding and continued support!


Daily Current Affairs – Last 10 Days

Year-Wise Current Affairs Today